Tag

LALA Wealth Archives - Lalaworld Blog

LALA at Vietnam Blockchain Week’ 2018 – See You There

LALA at Vietnam Blockchain Week

Dear LALA Family,
Over the last one year LALA has religiously moved around, conducting awesome meetups and cordially being invited to speak at major global Blockchain & Fintech events. At LALA we all are passionate and strongly believe in making human lifes better and happier and theres no better guy other than our very own LALA, as we call him now, the CEO & Founder Sankalp Shangari to share LALA’s innovative and determined vision with the young Developer communities, Blockchain thought leaders, Entrepreneur from across the globe as LALA at Vietnam Blockchain Week where he exclusively speaks about “Serving Unbanked using Blockchain”

Details: LALA at Vietnam Blockchain Week
Wednesday, 7th March’18 from 9:00 am to 5:00 pm
Venue: Riverside Palace Ho Chi Minh City, Vietnam
Be there early, its going to be a full house! Don’t miss out!

Let’s meet there guys!
LALA is building an ecosystem, not to just remove poverty and include the unprivileged into a society that we are all used to, but in that process, make the society self-sustainable – An entire ethos of health, education & employment. We are doing this via LALA Wallet – an Ethereum and Stellar based platform that enables peer-to-peer transfers, global remittances, local and international bill payments, and peer-to-peer lending. The Lala payment card will also be linked to this digital wallet – LALA Wallet, where you are rewarded via LALA Tokens to use services like LALA ID, LALA transfer, LALA Bill Pay, LALA Lends and many more to come.
We would be mighty pleased to have you all attend and meet the Founder himself and freely interact with him during the session.
Thank you all for your continued support!

How LALA World Plans To Make Cryptocurrency Useful In The Future!

lala world blockchain

Technology continues to make life easier. Everything, from shopping to social connect, to digitizing the cable network, has been done to provide the factor of convenience. With the advent of technology, transferring money in the form of cash, cheque, demand drafts, or money orders, may seem like ancient and useless methods. These methods are far less popular when compared to faster electronic methods for transferring money between accounts, states and even across borders. But the cheapest method of transfer still varies from person to person depending on their circumstances and their ability to afford the cost.

Unfortunately, when it comes to transfer of money through phones and other advanced digital options, convenience comes with potential risks. There is a need to protect funds and personal information by being aware of the drawbacks to such methods and the security issues that entail them. There is an abundance of hacking and cloning methods, and tools, that are not very difficult to get hold of.

To prevent people from falling victim to these risks, fintech corporations have come up with the concept where you can encrypt your assets to send them safely to another user, without being bound by excessive regulations and through a completely legal process. Cryptocurrency is a digital currency system that makes use of peer-to-peer (P2P) exchange platforms, is normally decentralized and facilitates the capability of processing digital transactions. The currency holders maintain virtual wallets which can hold such transactions.

Cryptocurrencies have been in existence for quite some time, but were not properly acknowledged. In the present scenario of digital advancements and evolution of money transfers, the process and concept of cryptocurrency has come into limelight. They have generated the tremendous amount of attention as well as controversies after they started being used as a convenient alternative to the world’s leading currencies like the US dollar, the Euro, and commodity assets such as gold and silver. These currencies are quite comparable to those of real money that can be used in purchasing products and obtaining services. Their flexibility allows them to be used for buying automobiles to buying a cup of coffee.

LALA World is introducing an Ecosystem for the underbanked population by harnessing the power of Ethereum & Hyperledger blockchains and bridging the gap between real and crypto world. It is a new-age one-stop wallet based service that, with the help of tokens based on Ethereum’s technology, provides financial inclusion to the underbanked population of the world as well as allows investors to capitalize on the rise of blockchain technology. By creating a whole new P2P infrastructure, LALA aims to revolutionize the way individuals, small businesses and entrepreneurs transact, make payments, borrow, lend, and conduct other basic financial services.

The LALA World Ecosystem is a complete financial ecosystem that consists of 5 major products;

  1. LALA Transfer        2. LALA BillPay              3. LALA Lends           4. LALA ID                5. LALA Card

LALA Transfer is a Peer-to-Peer local and global remittance that can hold fiat as well as cryptocurrencies. It is an essential service required for migrants working abroad who send money home to their dependents. LALA Bill Pay is designed to be a local and international utility, which facilitates any bill payments via country-specific partners for both Crypto and Fiat currencies.

LALA Bill Pay can process bill payments at the push of a button. This is being facilitated by building partnerships and cooperation with local government agencies.

LALA Lends is a borrowing & lending service that provides the money-lending facility in the form of digital currency, with EMI’s. It provides Peer-to-Peer and EMI based lending for small business and micro-entrepreneurial projects.

LALA Card, a virtual and/or physical debit card (and in time to come credit card), is synced to the LALA Wallet and ensures that you have easy access to your assets. It will be usable at millions of PoS globally.

LALA Wallet will be your single point access to all financial services in the LALA World ecosystem based on your global identity – LALA ID.

LALA ID will be able to consolidate all physical and digital identity into a single secure & private ambient identity, pointing to a secured trusted dataset about the individual, thereby enabling easily individualized interactions in the physical and digital world across multiple vertical applications and complement existing identity solutions.

Say Hola to LALA!

Welcome to a new financial world that will make you go LaLa!

Well, to give you a very basic idea before we dive into the details, we at LALA WORLD PTE Ltd., have an objective,a vision and that is to integrate cryptocurrencies into the everyday lives of people, making them easy to buy, hold, spend or sell, making this operation cheaper, safer and decentralized. We are here to enable and empower the unbanked and the underserved.

Yes, cryptocurrencies the buzzword these days have attracted a humongous amount of attention in recent times. While the debates regarding their regulations rage on, one thing is for sure- the future of currencies is digital and the “Blockchain Technology” is here to stay!

LALA World (“LALA”) introduces a new financial infrastructure for the underbanked population (and mind you, that population is quiet huge out there) by capitalizing the Blockchain revolution to bridge the gap between cash, digital and the crypto world. LALA, is the new age one stop Wallet based on Ethereum Blockchain, allowing investors to capitalize on the rise of Blockchain, as well as the underbanked into the financial ecosystem. The company was founded in April 2016, in Singapore. By September 2016, our India office was up and running. The year 2017 has seen us expanding to Dubai and Malaysia, and entering into partnerships in Middle East and Africa. The next couple of years will see us taking our footprint into countries like Australia, Canada, UK, Hong Kong, etc. In fact, we are talking about entering the remaining continents on this planet! And of course, before all that, the Initial Coin Offering (ICO) will be upon you! It is coming soon, very soon!

LaLa Wallet services

You would definitely want to know how we want to achieve our objective, right? Well, there are a lot of things that we would be discussing about in the upcoming blogs. LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products by creating a whole new peer to peer infrastructure. Premise of your LALA Wallet starts by creating a single digital identity that you can carry globally – LALA ID, protecting your security on Blockchain and giving you freedom to conduct various financial services, all in one single Wallet. And the wallet is just one of the immediate products that we are offering along with LALA Transfer, LALA Bill Pay followed by other LALA products like LALA Lends, LALA Card, LALA Insurance, LALA Wealth, LALA Kit, etc. that will be available to our customers as we grow. More about them, later!

Know more about us